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French GO auction prices in an upward trend

Friday, 18 February 2022

Kumara Rathnam

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Author: Addison L.D. Wu

Powernext held its twenty-ninth auction for Guarantees of Origin (GO), with the book opening on 9th February 2022 and order matching on 16th February 2022 for November 2021 production GOs.

A total of 3 537 GWh of supported RES-E GOs were auctioned, which is significantly lower than the amount of GOs offered last month, 4 448 GWh. All of the offered volumes were sold. Even with a 21% decline in auctioned volume compared to the previous auction, the Wind GOs still represented more than half of the total. The Solar GOs had the highest decrease rate as almost half dropped in offered. On the...

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